Antitrust

Media company Walt Disney Co (NYSE:DIS) is betting on future growth coming from its sports and streaming ambitions. These two units could prove troublesome with an antitrust suit moving forward. What Happened: Disney is the majority owner of streaming platform Hulu, with plans in place to acquire...

The proposed $30 billion antitrust settlement by Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) is facing a potential setback as a New York judge has indicated that she may not approve the agreement. What Happened: U.S. District Judge Margo Brodie, during a hearing on Thursday, signaled that she...

The Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (NYSE:LYV), which sent shares down during the week. Analysts react to the news and share what's ahead for the entertainment company. The LYV Analysts: Guggenheim analyst Curry Baker has a Buy rating and $128...

Live Nation Entertainment Inc (NYSE:LYV) shares are tumbling Thursday after the U.S. Department of Justice filed a lawsuit against the company. What To Know: Live Nation shares traded down in early trading on reports suggesting the DOJ and a group of states including California, Florida, Texas,...

Apple Inc. (NASDAQ:AAPL) is preparing to request the dismissal of the U.S. Department of Justice’s antitrust lawsuit against the company. What Happened: Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will...

Closing arguments for the largest antitrust trial to date against Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), also known as Google, wrapped up last week. Now, it's up to Judge Amit Mehta to decide on a ruling that could change the fate of the company and others in the big tech space. Mehta, of the U...

As Apple Inc. (NASDAQ:AAPL) reports its second-quarter 2024 earnings, CEO Tim Cook has criticized the U.S. Department of Justice’s or DOJ antitrust lawsuit against the tech giant, calling it “misguided.” What Happened: On Thursday, Apple reported its second-quarter results that...

One of Apple Inc.'s (NASDAQ:AAPL) top executives, Phil Schiller, admitted in court that he is unsure if the App Store is profitable. Apple's late co-founder, Steve Jobs, could be the reason behind Schiller's uncertainty. What Happened: Schiller, who has been with the App Store since its inception,...

The Department of Justice’s (DOJ) major antitrust lawsuit against Apple Inc. (NASDAQ:AAPL) is set to be overseen by a new judge, according to a recent court filing. What Happened: Judge Michael E. Farbiarz has stepped down from the case after determining that his "recusal is necessary" under...

The EU’s antitrust chief, Margrethe Vestager, has stated that they have noted Microsoft Corporation’s (NASDAQ:MSFT) talent acquisition of Inflection AI staff, including its co-founders. What Happened: On Wednesday, Vestager expressed concerns about Microsoft’s recent hiring of...

Jim Cramer has raised doubts over the validity of the government’s antitrust lawsuits against Big Tech giants such as Apple Inc. (NASDAQ:AAPL), Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and Amazon.com Inc. (NASDAQ:AMZN). What Happened: "Mad Money" host Cramer questioned the...

Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401....

Technology giant Apple Inc (NASDAQ:AAPL) is facing another case from the U.S. Department of Justice (DOJ). Here's what one leading analyst says about the case and what could be next for Apple. What Happened: A long-reported case against Apple by the DOJ is finally here, Wedbush analyst Daniel Ives...

The U.S. Department of Justice (DOJ) is reportedly preparing to file a lawsuit against Apple Inc. (NASDAQ:AAPL) on Thursday. The lawsuit alleges that the tech giant violated antitrust laws by restricting competitors’ access to iPhone hardware and software features. What Happened: The DOJ...

In a landmark ruling, Apple Inc. (NASDAQ:AAPL) has been slapped with an unprecedented EU antitrust fine of 1.8 billion euros ($1.95 billion) for its restrictive practices against Spotify Technology SA (NYSE:SPOT) and other music streaming services. What Happened: The European Commission has imposed...